Specifications include, but are not limited to: 2.1 The City of Cedar Rapids currently has five (5) deferred compensation companies. The City is interested in consolidating down to one or two companies which will result in overall cost savings to our employees. 2.2 Consultant shall help City staff prepare a scope of services for a Request for Proposal for consolidating the deferred compensation plans. The Consultant awarded the contract for Advisor services will not be allowed to submit a proposal for the consolidation. 2.3 Scope of Services for the Proposal shall be completed in a timely manner after award of contract to give plenty of time for an RFP to be issued and awarded for the new provider to begin January 1, 2024.
